6345 Boynton Beach Blvd Boynton Beach, FL 33437
- Showrooms
- 15,048 SF
- 8.89 lot acres
Current Use by Public Records
- South Florida Produce / Produce Wholesaler
Property Details for 6345 Boynton Beach Blvd
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 8.89 lot acres
- Property size
- 15,048 SF
- Zone code
- MUPD
- Property type
- Showrooms
- APN
- 00-42-45-22-00-000-5030
- APU
- 424522000005030
Description
This exceptional 4.5-acre commercial land parcel in Boynton Beach, Florida, presents a remarkable redevelopment opportunity. Located at 6345 Boynton Beach Blvd, with APN 00424522000005030, this property is zoned MUPD and offers significant potential for various uses. The asking price is $9,375,000, translating to approximately $1,689,189.19 per acre. Site plan approval is already in place, allowing for immediate development. Envisioned plans include a three-story, 125,000 square foot self-storage facility, potentially expandable to 250,000 square feet. Further development could incorporate outdoor RV and boat storage. The property boasts excellent visibility and accessibility from Jug Road and Boynton Beach Boulevard, benefiting from its proximity to Mainstreet at Boynton, a thriving mixed-use development featuring high-end retailers and a significant assisted living facility. This prime location is surrounded by a robust demographic, with a population exceeding 250,000 within a five-mile radius and above-average household incomes within a three-mile radius. This 1031 exchange-eligible property is ideal for investors seeking high returns in a rapidly growing market. The property's strategic location and existing approvals make it an exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,210,000
- 6.5%
- $8,400,000
- 7%
- $7,945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,525,000
- Geo Method
- $8,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,160,000
- Retail
- $8,500,000
- Mixed-Use
- $9,225,000
- Hospitality
- $8,850,000
- Educational
- $7,730,000
- Residential Income
- $8,775,000
- Energy
- $8,325,000
- Income-Based Land
- $8,370,000
- Food Service
- $7,615,000
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1447
- Latitude
- 26.53
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
